Cardano (ADA) funding rate: Hyperliquid vs Lighter

Price 0.22002 · every rate converted to APR · Hyperliquid and Lighter pay funding every hour

Hyperliquid, APR
-36.6%
-0.0042% per hour
Lighter, APR
3.5%
0.0004% per hour
Binance, APR
-1.9%
-0.0002% per hour
Bybit, APR
-15.7%
-0.0018% per hour
Max spread, APR
40.1%
Short on Lighter, long on Hyperliquid

Average paid funding, APR

Exchange24 hours7 days30 days
Hyperliquid-11.0%-3.8%2.5%
Lighter-7.7%-4.0%0.9%

Hyperliquid funding by hour, 7 days

11/10, 02:00: 0.0013% (10.9% APR)11/10, 03:00: 0.0013% (10.9% APR)11/10, 04:00: 0.0002% (1.6% APR)11/10, 05:00: 0.0009% (8.1% APR)11/10, 06:00: 0.0006% (5.6% APR)11/10, 07:00: 0.0010% (8.8% APR)11/10, 08:00: -0.0016% (-13.7% APR)11/10, 09:00: -0.0002% (-1.5% APR)11/10, 10:00: -0.0007% (-6.5% APR)11/10, 11:00: 0.0003% (2.4% APR)11/10, 12:00: 0.0013% (10.9% APR)11/10, 13:00: 0.0013% (10.9% APR)11/10, 14:00: 0.0011% (9.2% APR)11/10, 15:00: 0.0013% (10.9% APR)11/10, 16:00: 0.0013% (10.9% APR)11/10, 17:00: 0.0013% (10.9% APR)11/10, 18:00: 0.0013% (10.9% APR)11/10, 19:00: 0.0013% (10.9% APR)11/10, 20:00: 0.0013% (10.9% APR)11/10, 21:00: 0.0013% (10.9% APR)11/10, 22:00: 0.0013% (10.9% APR)11/10, 23:00: 0.0013% (10.9% APR)12/10, 00:00: 0.0013% (10.9% APR)12/10, 01:00: 0.0002% (1.4% APR)12/10, 02:00: 0.0013% (10.9% APR)12/10, 03:00: 0.0009% (7.6% APR)12/10, 04:00: 0.0010% (8.4% APR)12/10, 05:00: 0.0013% (10.9% APR)12/10, 06:00: 0.0013% (10.9% APR)12/10, 07:00: 0.0013% (10.9% APR)12/10, 08:00: 0.0013% (10.9% APR)12/10, 09:00: 0.0013% (10.9% APR)12/10, 10:00: 0.0013% (10.9% APR)12/10, 11:00: 0.0013% (10.9% APR)12/10, 12:00: 0.0013% (10.9% APR)12/10, 13:00: 0.0013% (10.9% APR)12/10, 14:00: 0.0013% (10.9% APR)12/10, 15:00: 0.0006% (5.5% APR)12/10, 16:00: 0.0013% (10.9% APR)12/10, 17:00: -0.0009% (-8.3% APR)12/10, 18:00: 0.0001% (0.5% APR)12/10, 19:00: 0.0006% (5.4% APR)12/10, 20:00: 0.0013% (10.9% APR)12/10, 21:00: -0.0035% (-30.4% APR)12/10, 22:00: -0.0008% (-7.3% APR)12/10, 23:00: -0.0013% (-11.5% APR)13/10, 00:00: -0.0023% (-20.4% APR)13/10, 01:00: -0.0035% (-30.3% APR)13/10, 02:00: -0.0025% (-21.7% APR)13/10, 03:00: -0.0022% (-19.3% APR)13/10, 04:00: -0.0032% (-28.4% APR)13/10, 05:00: -0.0030% (-26.2% APR)13/10, 06:00: -0.0018% (-15.5% APR)13/10, 07:00: -0.0053% (-46.3% APR)13/10, 08:00: -0.0041% (-35.5% APR)13/10, 09:00: -0.0021% (-18.3% APR)13/10, 10:00: -0.0033% (-28.5% APR)13/10, 11:00: -0.0027% (-23.6% APR)13/10, 12:00: -0.0040% (-34.8% APR)13/10, 13:00: -0.0047% (-41.4% APR)13/10, 14:00: -0.0049% (-43.2% APR)13/10, 15:00: -0.0040% (-35.3% APR)13/10, 16:00: -0.0027% (-24.1% APR)13/10, 17:00: 0.0013% (10.9% APR)13/10, 18:00: 0.0013% (10.9% APR)13/10, 19:00: 0.0006% (5.2% APR)13/10, 20:00: 0.0013% (10.9% APR)13/10, 21:00: 0.0013% (10.9% APR)13/10, 22:00: 0.0007% (6.4% APR)13/10, 23:00: 0.0013% (10.9% APR)14/10, 00:00: 0.0013% (10.9% APR)14/10, 01:00: 0.0013% (10.9% APR)14/10, 02:00: 0.0013% (10.9% APR)14/10, 03:00: 0.0013% (10.9% APR)14/10, 04:00: 0.0013% (10.9% APR)14/10, 05:00: 0.0013% (10.9% APR)14/10, 06:00: -0.0001% (-0.7% APR)14/10, 07:00: 0.0012% (10.4% APR)14/10, 08:00: 0.0013% (10.9% APR)14/10, 09:00: 0.0003% (2.7% APR)14/10, 10:00: -0.0028% (-24.7% APR)14/10, 11:00: -0.0024% (-20.9% APR)14/10, 12:00: -0.0018% (-15.4% APR)14/10, 13:00: -0.0021% (-18.6% APR)14/10, 14:00: 0.0007% (6.2% APR)14/10, 15:00: -0.0009% (-8.3% APR)14/10, 16:00: -0.0025% (-22.3% APR)14/10, 17:00: -0.0023% (-19.8% APR)14/10, 18:00: -0.0026% (-22.4% APR)14/10, 19:00: -0.0019% (-16.4% APR)14/10, 20:00: -0.0015% (-13.2% APR)14/10, 21:00: -0.0010% (-9.1% APR)14/10, 22:00: -0.0024% (-21.1% APR)14/10, 23:00: -0.0019% (-16.6% APR)15/10, 00:00: -0.0039% (-34.4% APR)15/10, 01:00: -0.0042% (-36.8% APR)15/10, 02:00: -0.0014% (-11.8% APR)15/10, 03:00: -0.0031% (-27.5% APR)15/10, 04:00: -0.0049% (-43.2% APR)15/10, 05:00: -0.0006% (-5.2% APR)15/10, 06:00: -0.0026% (-22.6% APR)15/10, 07:00: -0.0003% (-3.1% APR)15/10, 08:00: -0.0008% (-7.3% APR)15/10, 09:00: -0.0016% (-13.8% APR)15/10, 10:00: -0.0029% (-25.4% APR)15/10, 11:00: -0.0019% (-17.0% APR)15/10, 12:00: -0.0020% (-17.7% APR)15/10, 13:00: 0.0001% (0.7% APR)15/10, 14:00: -0.0001% (-1.2% APR)15/10, 15:00: 0.0013% (10.9% APR)15/10, 16:00: 0.0013% (10.9% APR)15/10, 17:00: 0.0013% (10.9% APR)15/10, 18:00: 0.0013% (10.9% APR)15/10, 19:00: 0.0013% (10.9% APR)15/10, 20:00: 0.0009% (8.2% APR)15/10, 21:00: -0.0000% (-0.3% APR)15/10, 22:00: 0.0005% (4.5% APR)15/10, 23:00: 0.0007% (6.0% APR)16/10, 00:00: -0.0008% (-7.0% APR)16/10, 01:00: 0.0002% (1.9% APR)16/10, 02:00: 0.0013% (10.9% APR)16/10, 03:00: -0.0004% (-3.1% APR)16/10, 04:00: -0.0004% (-3.6% APR)16/10, 05:00: 0.0005% (4.5% APR)16/10, 06:00: 0.0013% (10.9% APR)16/10, 07:00: 0.0013% (10.9% APR)16/10, 08:00: 0.0012% (10.8% APR)16/10, 09:00: 0.0013% (10.9% APR)16/10, 10:00: 0.0013% (10.9% APR)16/10, 11:00: 0.0013% (10.9% APR)16/10, 12:00: 0.0003% (2.2% APR)16/10, 13:00: -0.0005% (-4.4% APR)16/10, 14:00: -0.0011% (-9.6% APR)16/10, 15:00: -0.0013% (-11.3% APR)16/10, 16:00: -0.0006% (-5.6% APR)16/10, 17:00: 0.0007% (6.5% APR)16/10, 18:00: 0.0005% (4.8% APR)16/10, 19:00: 0.0003% (2.3% APR)16/10, 20:00: 0.0007% (6.4% APR)16/10, 21:00: 0.0010% (8.7% APR)16/10, 22:00: 0.0009% (8.2% APR)16/10, 23:00: 0.0000% (0.2% APR)17/10, 00:00: 0.0007% (5.7% APR)17/10, 01:00: 0.0006% (5.3% APR)17/10, 02:00: -0.0015% (-13.1% APR)17/10, 03:00: -0.0010% (-8.8% APR)17/10, 04:00: 0.0003% (2.8% APR)17/10, 05:00: 0.0010% (8.9% APR)17/10, 06:00: 0.0004% (3.4% APR)17/10, 07:00: -0.0004% (-3.1% APR)17/10, 08:00: 0.0008% (6.9% APR)17/10, 09:00: 0.0002% (1.7% APR)17/10, 10:00: -0.0035% (-30.3% APR)17/10, 11:00: -0.0012% (-10.6% APR)17/10, 12:00: -0.0004% (-3.8% APR)17/10, 13:00: -0.0043% (-37.2% APR)17/10, 14:00: -0.0019% (-16.4% APR)17/10, 15:00: -0.0032% (-28.3% APR)17/10, 16:00: -0.0040% (-34.8% APR)17/10, 17:00: 0.0000% (0.4% APR)17/10, 18:00: -0.0002% (-2.0% APR)17/10, 19:00: -0.0006% (-5.2% APR)17/10, 20:00: 0.0007% (5.9% APR)17/10, 21:00: 0.0013% (10.9% APR)17/10, 22:00: 0.0010% (8.5% APR)17/10, 23:00: -0.0049% (-42.9% APR)18/10, 00:00: -0.0034% (-30.2% APR)18/10, 01:00: -0.0052% (-45.9% APR)+46% APR−46%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

Lighter funding by hour, 7 days

11/10, 02:00: -0.0017% (-14.9% APR)11/10, 03:00: -0.0031% (-27.2% APR)11/10, 04:00: -0.0023% (-20.1% APR)11/10, 05:00: -0.0021% (-18.4% APR)11/10, 06:00: -0.0035% (-30.7% APR)11/10, 07:00: -0.0034% (-29.8% APR)11/10, 08:00: -0.0039% (-34.2% APR)11/10, 09:00: -0.0028% (-24.5% APR)11/10, 10:00: -0.0028% (-24.5% APR)11/10, 11:00: -0.0017% (-14.9% APR)11/10, 12:00: -0.0009% (-7.9% APR)11/10, 13:00: -0.0030% (-26.3% APR)11/10, 14:00: -0.0042% (-36.8% APR)11/10, 15:00: -0.0026% (-22.8% APR)11/10, 16:00: -0.0017% (-14.9% APR)11/10, 17:00: -0.0006% (-5.3% APR)11/10, 18:00: -0.0004% (-3.5% APR)11/10, 19:00: -0.0007% (-6.1% APR)11/10, 20:00: 0.0001% (0.9% APR)11/10, 21:00: 0.0012% (10.5% APR)11/10, 22:00: 0.0008% (7.0% APR)11/10, 23:00: -0.0011% (-9.6% APR)12/10, 00:00: -0.0006% (-5.3% APR)12/10, 01:00: -0.0020% (-17.5% APR)12/10, 02:00: -0.0016% (-14.0% APR)12/10, 03:00: -0.0015% (-13.1% APR)12/10, 04:00: -0.0014% (-12.3% APR)12/10, 05:00: -0.0004% (-3.5% APR)12/10, 06:00: -0.0011% (-9.6% APR)12/10, 07:00: -0.0017% (-14.9% APR)12/10, 08:00: -0.0010% (-8.8% APR)12/10, 09:00: 0.0001% (0.9% APR)12/10, 10:00: -0.0010% (-8.8% APR)12/10, 11:00: -0.0002% (-1.8% APR)12/10, 12:00: 0.0010% (8.8% APR)12/10, 13:00: 0.0012% (10.5% APR)12/10, 14:00: 0.0012% (10.5% APR)12/10, 15:00: 0.0005% (4.4% APR)12/10, 16:00: -0.0004% (-3.5% APR)12/10, 17:00: -0.0025% (-21.9% APR)12/10, 18:00: -0.0029% (-25.4% APR)12/10, 19:00: -0.0035% (-30.7% APR)12/10, 20:00: -0.0031% (-27.2% APR)12/10, 21:00: -0.0037% (-32.4% APR)12/10, 22:00: -0.0024% (-21.0% APR)12/10, 23:00: -0.0020% (-17.5% APR)13/10, 00:00: -0.0010% (-8.8% APR)13/10, 01:00: -0.0003% (-2.6% APR)13/10, 02:00: -0.0004% (-3.5% APR)13/10, 03:00: -0.0025% (-21.9% APR)13/10, 04:00: -0.0011% (-9.6% APR)13/10, 05:00: -0.0015% (-13.1% APR)13/10, 06:00: -0.0007% (-6.1% APR)13/10, 07:00: -0.0024% (-21.0% APR)13/10, 08:00: -0.0009% (-7.9% APR)13/10, 09:00: -0.0016% (-14.0% APR)13/10, 10:00: 0.0004% (3.5% APR)13/10, 11:00: -0.0004% (-3.5% APR)13/10, 12:00: -0.0031% (-27.2% APR)13/10, 13:00: -0.0025% (-21.9% APR)13/10, 14:00: -0.0017% (-14.9% APR)13/10, 15:00: -0.0014% (-12.3% APR)13/10, 16:00: 0.0012% (10.5% APR)13/10, 17:00: 0.0004% (3.5% APR)13/10, 18:00: 0.0010% (8.8% APR)13/10, 19:00: 0.0006% (5.3% APR)13/10, 20:00: 0.0002% (1.8% APR)13/10, 21:00: 0.0005% (4.4% APR)13/10, 22:00: -0.0005% (-4.4% APR)13/10, 23:00: 0.0004% (3.5% APR)14/10, 00:00: 0.0012% (10.5% APR)14/10, 01:00: 0.0012% (10.5% APR)14/10, 02:00: 0.0012% (10.5% APR)14/10, 03:00: 0.0010% (8.8% APR)14/10, 04:00: 0.0006% (5.3% APR)14/10, 05:00: 0.0012% (10.5% APR)14/10, 06:00: 0.0006% (5.3% APR)14/10, 07:00: 0.0000% (0.0% APR)14/10, 08:00: 0.0004% (3.5% APR)14/10, 09:00: 0.0001% (0.9% APR)14/10, 10:00: -0.0014% (-12.3% APR)14/10, 11:00: -0.0004% (-3.5% APR)14/10, 12:00: 0.0000% (0.0% APR)14/10, 13:00: 0.0012% (10.5% APR)14/10, 14:00: 0.0012% (10.5% APR)14/10, 15:00: -0.0002% (-1.8% APR)14/10, 16:00: -0.0010% (-8.8% APR)14/10, 17:00: -0.0004% (-3.5% APR)14/10, 18:00: -0.0005% (-4.4% APR)14/10, 19:00: 0.0005% (4.4% APR)14/10, 20:00: 0.0006% (5.3% APR)14/10, 21:00: 0.0000% (0.0% APR)14/10, 22:00: -0.0007% (-6.1% APR)14/10, 23:00: -0.0004% (-3.5% APR)15/10, 00:00: -0.0015% (-13.1% APR)15/10, 01:00: -0.0003% (-2.6% APR)15/10, 02:00: 0.0012% (10.5% APR)15/10, 03:00: 0.0003% (2.6% APR)15/10, 04:00: -0.0022% (-19.3% APR)15/10, 05:00: -0.0001% (-0.9% APR)15/10, 06:00: 0.0005% (4.4% APR)15/10, 07:00: 0.0012% (10.5% APR)15/10, 08:00: 0.0001% (0.9% APR)15/10, 09:00: -0.0016% (-14.0% APR)15/10, 10:00: -0.0011% (-9.6% APR)15/10, 11:00: -0.0006% (-5.3% APR)15/10, 12:00: 0.0000% (0.0% APR)15/10, 13:00: 0.0012% (10.5% APR)15/10, 14:00: 0.0012% (10.5% APR)15/10, 15:00: 0.0012% (10.5% APR)15/10, 16:00: 0.0012% (10.5% APR)15/10, 17:00: 0.0012% (10.5% APR)15/10, 18:00: 0.0012% (10.5% APR)15/10, 19:00: 0.0012% (10.5% APR)15/10, 20:00: 0.0012% (10.5% APR)15/10, 21:00: 0.0012% (10.5% APR)15/10, 22:00: 0.0012% (10.5% APR)15/10, 23:00: 0.0012% (10.5% APR)16/10, 00:00: 0.0012% (10.5% APR)16/10, 01:00: 0.0012% (10.5% APR)16/10, 02:00: 0.0012% (10.5% APR)16/10, 03:00: 0.0012% (10.5% APR)16/10, 04:00: 0.0012% (10.5% APR)16/10, 05:00: 0.0012% (10.5% APR)16/10, 06:00: 0.0012% (10.5% APR)16/10, 07:00: 0.0012% (10.5% APR)16/10, 08:00: 0.0012% (10.5% APR)16/10, 09:00: 0.0012% (10.5% APR)16/10, 10:00: 0.0012% (10.5% APR)16/10, 11:00: 0.0012% (10.5% APR)16/10, 12:00: 0.0012% (10.5% APR)16/10, 13:00: 0.0012% (10.5% APR)16/10, 14:00: 0.0006% (5.3% APR)16/10, 15:00: 0.0000% (0.0% APR)16/10, 16:00: 0.0012% (10.5% APR)16/10, 17:00: 0.0009% (7.9% APR)16/10, 18:00: 0.0008% (7.0% APR)16/10, 19:00: 0.0007% (6.1% APR)16/10, 20:00: -0.0003% (-2.6% APR)16/10, 21:00: -0.0014% (-12.3% APR)16/10, 22:00: -0.0008% (-7.0% APR)16/10, 23:00: -0.0009% (-7.9% APR)17/10, 00:00: -0.0011% (-9.6% APR)17/10, 01:00: -0.0008% (-7.0% APR)17/10, 02:00: -0.0012% (-10.5% APR)17/10, 03:00: -0.0009% (-7.9% APR)17/10, 04:00: -0.0014% (-12.3% APR)17/10, 05:00: -0.0020% (-17.5% APR)17/10, 06:00: -0.0024% (-21.0% APR)17/10, 07:00: -0.0025% (-21.9% APR)17/10, 08:00: -0.0013% (-11.4% APR)17/10, 09:00: -0.0022% (-19.3% APR)17/10, 10:00: -0.0012% (-10.5% APR)17/10, 11:00: -0.0003% (-2.6% APR)17/10, 12:00: -0.0031% (-27.2% APR)17/10, 13:00: -0.0011% (-9.6% APR)17/10, 14:00: 0.0001% (0.9% APR)17/10, 15:00: 0.0004% (3.5% APR)17/10, 16:00: 0.0004% (3.5% APR)17/10, 17:00: 0.0008% (7.0% APR)17/10, 18:00: -0.0001% (-0.9% APR)17/10, 19:00: -0.0017% (-14.9% APR)17/10, 20:00: -0.0018% (-15.8% APR)17/10, 21:00: -0.0002% (-1.8% APR)17/10, 22:00: 0.0007% (6.1% APR)17/10, 23:00: 0.0003% (2.6% APR)18/10, 00:00: 0.0007% (6.1% APR)18/10, 01:00: -0.0011% (-9.6% APR)+37% APR−37%12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct
Longs pay shortsShorts pay longs

ADA funding comparison: questions and answers

Where is ADA funding the highest right now?

Lighter: 3.5%, Binance: -1.9%, Bybit: -15.7%, Hyperliquid: -36.6% APR. A positive rate means longs pay shorts.

How can you earn the ADA funding spread?

Short ADA on Lighter and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 40.1% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.

What has ADA funding averaged on Hyperliquid and Lighter?

Hyperliquid: -11.0% over 24 hours and -3.8% over 7 days. Lighter: -7.7% over 24 hours and -4.0% over 7 days (APR).